The purpose of the Letter of Credit Working Group is to formulate operational best practices around the issuance, maintenance and trading/settlement of letters of credit while recognizing the challenges inherent therein. All LSTA members that are issuing banks for Letters of Credit are asked to participate.
Become a Member
Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.